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Tesla board members cash in $3 billion as options rally with stock prices


Tesla board members cash in $3 billion as options rally with stock prices

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Tesla board members generated over $3 billion from option awards due to a surge in the company's stock. These options were valued significantly higher compared to those at other major tech firms, indicating strong financial performance.

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Tesla board members pulled in more than $3 billion after old option awards shot up with the company’s stock, according to data from Equilar. The gains came from option packages that were already considered rich back when they were issued, and they grew far beyond anything directors at other major tech firms received. Kimbal Musk […]
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